ETF Update: AGQ, TMV, SPY
Friday, July 30, 2021 7:22 PM

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Ultra Silver ProShares (NYSEArca: AGQ) was one of the biggest gainers among the ETFs on Friday. The fund rallied 3.94% to close at $57.74. ProShares Ultra Silver seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London. 

Direxion Daily 30-Year Treasury Bear 3x Shares ETF (NYSEArca: TMV) was one of the biggest losers among the ETFs. The fund slumped 4.66% to close at $41.54. The Direxion Daily 30-Year Treasury Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the 30-Year Treasury Index.

Standard & Poor's Depositary Re (NYSEArca: SPY), as usual, was the most active ETF by share volume. The fund seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks. SPY closed at $110.27 and had a volume of 220.03M shares.

Disclosure: Author doesn't own any of the stocks discussed here.

 

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